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Archive for April 29th, 2013

Federal Fisker Failure, Continued

Monday April 29th, 2013   •   Posted by K. Lloyd Billingsley at 9:26am PDT   •   3 Comments

Fisker Automotive, Inc, got a federal loan of $529 million to produce its $100,000 Fisker Karma hybrid, built not in America by American workers but in Finland by Finnish workers. Fisker has not produced a car since last summer and recently dumped all its rank and file employees. The company faces bankruptcy and could…
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